Staying cautious on silver has been the right thing to do. The declining 50dMA seems on track to forming a dead cross with the 100dMA in the near future with silver's price forming another lower high this week, closing the week at US$ 33.70 an ounce.
All eyes are on the 200dMA and whether silver's price could stay above this long term moving average. If the support holds up, we could see bulls
